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State Industries Promotion Corporation of Tamil Nadu (SIPCOT)

The State Industries Promotion Corporation of Tamil Nadu (SIPCOT) is a Tamil Nadu Government owned institution that was formed with the aim of being a catalyst in the development of industries in the backward areas of Tamil Nadu. SIPCOT was formed in the year 1972.

The main objective of SIPCOT is to identify the backwards areas were industries can be promoted and to develop industrial areas in that place. SIPCOT has established many industrial complexes and industrial parks in many places in the State of Tamil Nadu. Qualitative assistance is provided by SIPCOT. As a nodal agency instead of crowding the already developed area they are working towards promotion of industries in backward areas.

Advantages of working with SIPCOT are, getting an already developed industrial complex with project assistance, statutory clearances within a short period and assistance in marketing too.